|
|
Matched book |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Matched bookA bank runs a matched book when the of maturities of its assets and liabilities is distribution equal.Matched book Similar MatchesMatched and lostMatched and lostThe outcome of the flip of a coin used to determine which of two brokers who are locked in competition for equal trades may actually execute the trades. Matched maturitiesMatched maturitiesThe coordination by a financial institution of the maturities of its assets (loans) and liabilities (deposits) in order to enable it to meet its obligations at the required times. Matched ordersMatched ordersUsed for listed equity securities. Participate in equal amounts of a trade at a certain price, particularly when two parties have the same level of priority on the exchange floor (this requires standing in the trading crowd). Matched bargainMatched bargainA system of share trading which relies on matching sale orders with corresponding orders to buy. Because there needs to be a buyer for every seller, and vice versa, the marketability of shares which are traded on a matched bargain basis can be poor. In other words, you may not be able to buy when you want to buy, and if you own shares you may not be able to sell when you want to sell. This is known as illiquidity, and is a very negative attribute.Shares traded on the London Stock Exchange are more liquid because they are traded either on the order book (SETS for the very largest companies) or on the quote book (SEAQ). |
|
|
|